Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

Barclays PLC

06 May 2026

 

FORM 8.5 (EPT/NON-RI)
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
(OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the "Code")
1.	KEY INFORMATION
(a)	Name of exempt principal trader:			BARCLAYS CAPITAL SECURITIES LTD
(b)	Name of offeror/offeree in relation to whose  relevant securities this form relates:			A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED
(c)	Name of the party to the offer with which exempt  principal trader is connected			A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED
(d)	Date position held/dealing undertaken:			05 May 2026
(e)	In addition to the company in 1(b) above, is the exempt principal  trader making disclosures in respect of any other party to the offer?			YES:  PICTON PROPERTY INCOME LIMITED
2.	POSITIONS OF THE EXEMPT PRINCIPAL TRADER
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing (if any)
Class of relevant security:				LondonMetric Property plc 10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				11,080,862	0.47%	8,337,105	0.36%
(2) Cash-settled derivatives:				8,951,778	0.38%	7,232,527	0.31%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				20,032,640	0.85%	15,569,632	0.66%
Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,841,821	0.38%	649,130	0.13%
(2) Cash-settled derivatives:				0	0.00%	1,344,821	0.27%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,841,821	0.38%	1,993,951	0.41%
(b)	Rights to subscribe for new securities (including directors and other executive options)
Class of relevant security in relation to  which subscription right exists
Details, including nature of the rights  concerned and relevant percentages:
3.	DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Total number of  securities	Highest price per unit  paid/received	Lowest price per unit  paid/received
LondonMetric Property plc 10p ordinary	Purchase	1488058	1.8980  GBP	1.8556  GBP
LondonMetric Property plc 10p ordinary	Sale	1843128	1.8929  GBP	1.8551  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	86069	0.4925  GBP	0.4809  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	105162	0.4966  GBP	0.4805  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4,691	1.8580  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	283	1.8592  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	92,984	1.8620  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	6,289	1.8623  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	1,005	1.8639  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	464,399	1.8640  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	66,388	1.8643  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	3,289	1.8654  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	93,688	1.8667  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	65,280	1.8676  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	30,468	1.8680  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	25,054	1.8708  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	261	1.8747  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	40,283	1.8748  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	25,749	1.8759  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	83,300	1.8764  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	2,384	1.8773  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4,242	1.8921  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	953	1.8928  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	3,010	1.8929  GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	4	1.8977  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	94,105	1.8613  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	184,162	1.8640  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	105,870	1.8651  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	5,708	1.8688  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	307	1.8732  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	123	1.8738  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	12,155	1.8741  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	10,761	1.8751  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	12,538	1.8835  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	254,827	1.8910  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,779	1.8970  GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	61,538	1.8980  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	5,820	0.4805  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	9,058	0.4815  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	10,130	0.4854  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	8	0.4865  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	4	0.4893  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	3,286	0.4814  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	318	0.4825  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	22,466	0.4865  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Short	2,007	0.5009  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	23,306	0.4872  GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Short	235	0.4925  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	17,435	1.8584  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	31,239	1.8613  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	95,018	1.8626  GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	3,456	1.9098  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	37,819	1.8585  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	938	1.8641  GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	15,571	1.8932  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  applicable)
4.	OTHER INFORMATION
(a)	Indemnity and other dealings arrangements
Details of any indemnity or option arrangement, or any agreement or understanding,  formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by  the exempt principal trader making the disclosure and any party  to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between  the exempt principal trader making the disclosure and any other person relating to:  (i)   the voting rights of any relevant securities under any option; or  (ii)   the voting rights of future acquisition or disposal of any relevant securities to which  any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				06 May 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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